February

2005

Major corporate marriages are back in the news. But while Wall Street may benefit from these mergers (in the short run at least), will anyone else? This article focuses on how one big deal, the $11 billion merger of Sears and Kmart, will affect the most important people to these retail giants -- their customers. Some cautionary notes for executives in any industry.
Things are starting to look up, and the job market could be getting healthy, too. That means it's time for managers to begin tackling what's sure to be their next challenge: staff turnover. Here are new approaches to an old and familiar problem.
Once a huge potential market for goods produced elsewhere, China has become a powerful global competitor in its own right. But as Chinese companies plan to expand into other lands, recent research suggests that those businesses may confront serious marketing problems at home.
Nobel Prize winner Daniel Kahneman has chosen to dedicate the rest of his career to well-being, and not just his own. In the second of a two-part interview, Dr. Kahneman explains why we're never as happy or unhappy as we think we'll be, and why we can adapt to just about any circumstances. He also says he's exploring why the French are never satisfied, though they have perhaps the world's most enviable lifestyle.
The wide range in employees' performance has a dramatic impact on a company's financials. An effective performance management system aims to eliminate that range. Here are the three keys to making that system work.

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